Norway’s $1.6T Wealth Fund Boosts Indirect Bitcoin Holdings to $900M

@Norges Bank Investment Management (NBIM) has quietly expanded its indirect Bitcoin exposure to 7,161 BTC worth $862.8M, according to K33 Research — up 87.7% in six months and 192.7% in a year.

The biggest driver? NBIM’s growing stake in business intelligence giant Strategy, a corporate BTC treasury leader. The fund also gains exposure via BTC-heavy firms like Block, Coinbase, MARA, and Metaplanet.

K33’s Vetle Lunde says any diversified portfolio today likely holds Bitcoin exposure by default — a trend set to grow as more companies adopt BTC in their treasuries.

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